William Howley
LLC wrapped in S-corp, which Tax form do I use?
Hi, long story short I setup my small real estate co in an LLC with the elected S-corp. Which Tax form do I submit to IRS? If you know the answer please provide the link. Anything special I should know when filing?
James Wise
What duties can an unlicensed person perforn in the area of residential property management?
Legally speaking: What duties can an unlicensed person perform in the area of residential property managementOn May 11, 2015 By Peg Ritenour, OAR Vice President of Legal Services/AdministrationThe OAR Legal Assistance...
Mukesh Yadav
New member from the Bay Area, California
Hi Everyone,I am a newbie RE investor looking to learn from the vast community on BP and hopefully also start contributing towards it....I am currently actively exploring out of state turnkey properties with a few pro...
Kaitlyn Beard
Hosting A Free Networking Event In Abilene In May!
Hello investors!
My name is Kaitlyn Beard. I am Active Duty, real estate investor, and REALTOR in Abilene, Texas. I am going to be hosting a Real Estate Investing Networking event in Abilene in May and am currently l...
Andrey Y.
Wholesaling bookeeping
I have done a short wholesaling campaign last year. where would you include/how would you tabulate that come tax time? I purchased rental properties at the end of 2014 and middle of 2015. The wholesaling was a busines...
Marc Shin
How to prove that an activity performed was "material participation" in real estate
Hello. I'm going to keep track of my real estate activities in management of an STR, and will track the activities using an activity log. My question is - how do I prove in the time log that I performed a particular ...
Natalie Kolodij
Will your rentals qualify for 199A? New Guidance!
Hey guys, Take everything with a grain of salt as the finalized regs were JUTS released today. Thoughts: 1. The IRS issued a safe harbor of 250 hours to offer some clarification. Meaning spend 250 hours on rentals(s) ...
Mark S.
Making My Turnkey Provider Trip Tax Deductible
I've done a little reading on making trips/vacations tax deductible, but I'm still not totally clear.
I am going to visit an out-of-state turnkey provider as part of my due diligence process to meet them and see th...
Curt Bixel
Self Directed IRA, Private Lending, and Flipping
I am in the process of setting up a Self Directed IRA. My goal is to use my Roth IRA to lend funds to an organization that primarily flips homes. While reading through the documentation of the company helping me to ...
Ray S.
Legal impacts of offering free WIFI
I have a vacation home I'm renting out. If I provide free WIFI, what happens if the person downloads something illegal and I get sued for Copyright infringement or they are using my connection for some other sort of i...